Nonprofit · EIN 36-1520565
NATIONAL ASSOCIATION OF BOARDS OF PHARMACY
Tax-exempt · MT PROSPECT, IL 60056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $50,561,636 | $48,516,908 | $2,044,728 | $144,630,419 | $10,961,921 | $133,668,498 |
| December 31, 2024 | 990 | $56,286,187 | $43,629,596 | $12,656,591 | $136,348,605 | $12,321,861 | $124,026,744 |
| December 31, 2023 | 990 | $44,643,981 | $43,827,120 | $816,861 | $125,894,052 | $11,039,916 | $114,854,136 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $898,406
- Membership dues
- $16,000
- Program service revenue
- $42,273,301
- Investment income
- $3,470,684
- Royalties
- $3,919,245
- Net gain from sales of assets
- -$375,822
- Other revenue
- $3,919,245
Expenses
- Grants and similar amounts paid
- $6,925
- Compensation of officers, directors and key employees
- $1,405,544
- Other salaries and wages
- $18,912,864
- Salaries, compensation and benefits (total)
- $27,327,427
- Professional fundraising fees
- $0
- Legal fees
- $3,540,027
- Accounting fees
- $59,200
- Occupancy
- $210,282
- Travel
- $2,082,233
- Depreciation
- $1,310,271
- Program services (functional)
- $30,729,249
- Management and general (functional)
- $17,787,659
Balance sheet and other
- Total assets, start of year
- $136,348,605
- Total assets, end of year
- $144,630,419
- Total liabilities, end of year
- $10,961,921
- Net assets, end of year
- $133,668,498
- Land, buildings and equipment
- $27,293,659
- Publicly traded securities
- $101,263,241
- Net assets without donor restrictions
- $133,668,498
- Gross receipts
- $135,558,097
- Employees
- 205
- Volunteers
- 8
- Year formed
- 1904
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEMREY AL CARTER | EXECUTIVE DIRECTOR/SECRETARY Officer | 35 | $691,810 | $75,651 |
| JOSHUA M BOLIN | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $377,453 | $70,725 |
| PATRICIA MILAZZO | ASSOCIATE EXECUTIVE DIRECTOR Key employee | 35 | $303,849 | $55,272 |
| WILLIAM J COVER | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $278,515 | $62,508 |
| PRASEED THAPPARAMBIL | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 35 | $272,960 | $61,931 |
| MELISSA BECKER | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $264,112 | $51,520 |
| M GIBBONS | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $263,402 | $51,544 |
| THERESE ERTLER | CHIEF FINANCIAL OFFICER Officer | 35 | $217,877 | $38,084 |
| BRADLEY S HAMILTON | PRESIDENT Trustee or director, Officer | 5 | $8,000 | $0 |
| JEFFREY J MESAROS | CHAIRMAN Trustee or director, Officer | 3 | $5,000 | $0 |
| NICOLE L CHOPSKI | PRESIDENT-ELECT Trustee or director, Officer | 3 | $5,000 | $0 |
| SHANE R WENDEL | TREASURER Trustee or director, Officer | 3 | $5,000 | $0 |
| STACEY RANUCCI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DAVID G BOWYER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TRACI COLLIER | DIRECTOR Trustee or director | 3 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN W SCHIERHOLT | DIRECTOR Trustee or director | 3 | $0 |
| DIANE M HALVORSON | DIRECTOR Trustee or director | 3 | $0 |
| DEBORAH C MACK | DIRECTOR Trustee or director | 3 | $0 |
| MATTHEW R MARTINEAU | DIRECTOR Trustee or director | 3 | $0 |
| KAMLESH GANDHI | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEMREY AL CARTER | EXECUTIVE DIRECTOR/SECRETA Officer | 35 | $665,709 | $69,196 |
| JOSHUA M BOLIN | ASSOCIATE EXECUTIVE DIRECT Highest-paid employee | 35 | $343,618 | $62,254 |
| PATRICIA MILAZZO | ASSOCIATE EXECUTIVE DIRECT Key employee | 35 | $287,455 | $52,144 |
| PRASEED THAPPARAMBIL | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 35 | $272,346 | $58,155 |
| WILLIAM J COVER | ASSOCIATE EXECUTIVE DIRECT Highest-paid employee | 35 | $261,448 | $58,691 |
| M GIBBONS | ASSOCIATE EXECUTIVE DIRECT Highest-paid employee | 35 | $250,069 | $48,772 |
| MELISSA BECKER | ASSOCIATE EXECUTIVE DIRECT Highest-paid employee | 35 | $249,766 | $48,424 |
| THERESE ERTLER | CHIEF FINANCIAL OFFICER Officer | 35 | $203,659 | $32,143 |
| LENORA S NEWSOME | PRESIDENT Trustee or director, Officer | 5 | $8,000 | $0 |
| REGINALD DILLIARD | CHAIRMAN Trustee or director, Officer | 3 | $5,000 | $0 |
| JEFFREY J MESAROS | PRESIDENT-ELECT Trustee or director, Officer | 3 | $5,000 | $0 |
| BRADLEY S HAMILTON | TREASURER Trustee or director, Officer | 3 | $5,000 | $0 |
| STACEY RANUCCI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JANET GETZEY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TRACI COLLIER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STEVEN W SCHIERHOLT | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SHANE R WENDEL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DEBORAH C MACK | DIRECTOR Trustee or director | 3 | $0 | $0 |
| NICOLE L CHOPSKI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KAMLESH GANDHI | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEMREY AL CARTER | EXECUTIVE DIRECTOR/SECRETARY Officer | 35 | $578,340 | $68,587 |
| JOSHUA M BOLIN | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $273,853 | $61,792 |
| WILLIAM J COVER | ASSOCIATE EXECUTIVE DIRECTOR Key employee | 35 | $263,714 | $58,110 |
| PATRICIA MILAZZO | ASSOCIATE EXECUTIVE DIRECTOR Key employee | 35 | $261,710 | $51,844 |
| MELISSA BECKER | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $241,788 | $51,692 |
| PRASEED THAPPARAMBIL | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 35 | $232,524 | $57,491 |
| M GIBBONS | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 35 | $233,010 | $48,626 |
| ROBERT COWAN | BUSINESS DEVELOPMENT OFFICER Highest-paid employee | 35 | $206,204 | $45,464 |
| THERESE ERTLER | CHIEF FINANCIAL OFFICER Officer | 35 | $175,915 | $32,098 |
| LAWRENCE STRASS | CHIEF FINANCIAL OFFICER Officer | 35 | $150,929 | $31,260 |
| LENORA S NEWSOME | PRESIDENT Trustee or director, Officer | 5 | $8,000 | $0 |
| REGINALD DILLIARD | CHAIRMAN Trustee or director, Officer | 3 | $5,000 | $0 |
| JEFFREY J MESAROS | PRESIDENT-ELECT Trustee or director, Officer | 3 | $5,000 | $0 |
| BRADLEY S HAMILTON | TREASURER Trustee or director, Officer | 3 | $5,000 | $0 |
| STACEY RANUCCI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JANET GETZEY | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TRACI COLLIER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STEVEN W SCHIERHOLT | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SHANE R WENDEL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DEBORAH C MACK | DIRECTOR Trustee or director | 3 | $0 | $0 |
| NICOLE L CHOPSKI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KAMLESH GANDHI | DIRECTOR Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 FEEHANVILLE DR, MT PROSPECT, IL 60056-6014
- In care of
- % NATI
- Principal officer (990 for 2025)
- LEMREY AL CARTER, 1600 FEEHANVILLE DRIVE, MOUNT PROSPECT, IL 600566014
- Signed the 990
- LEMREY AL CARTER, EXECUTIVE DIRECTOR/SECRETARY
- Phone
- (847) 391-4406
- Website
- WWW.NABP.PHARMACY
- Return prepared by
- CALIBRE CPA GROUP PLLC
Mission
NABP ASSISTS MEMBER BOARDS OF PHARMACY AND STATE JURISDICTIONS IN DEVELOPING, IMPLEMENTING AND ENFORCING UNIFORM STANDARDS FOR THE PURPOSE OF PROTECTING THE PUBLIC HEALTH, INCLUDING THE DEVELOPMENT OF PHARMACIST LICENSING EXAMINATIONS, ACCREDITATION IN PHARMACY, STATE LICENSING RECIPROCITY FOR PHARMACISTS, CURRICULUM OUTCOMES ASSESSMENT EXAMINATIONS AND ASSESSMENT TOOLS FOR LICENSURE AND REMEDIATION PURPOSES BY ITS MEMBER BOARDS, AS WELL AS MAINTENANCE OF THE PHARMACIST DISCIPLINARY CLEARINGHOUSE FOR LICENSES AND A CENTRALIZED REPOSITORY FOR CONTINUING PROFESSIONAL EDUCATION ACHIEVEMENT FOR PHARMACISTS AND TECHNICIANS.
Program accomplishments
- NABP EXAMINATION PROGRAMS INCLUDE THE NORTH AMERICAN PHARMACIST LICENSURE EXAMINATION ("NAPLEX"), THE MULTISTATE PHARMACY JURISPRUDENCE EXAMINATION ("MPJE"), THE FOREIGN PHARMACY GRADUATE EQUIVALENCY EXAMINATION ("FPGEE"), AS WELL AS PRACTICE EXAMINATIONS TO SUPPORT THE NAPLEX ("PRE-NAPLEX"), THE MULTISTATE PHARMACY JURISPRUDENCE EXAMINATION ("PRE-MPJE") AND THE FPGEE ("PRE-FPGEE"). DURING 2025, THERE WERE 15,347 ADMINISTRATIONS OF THE "NAPLEX" EXAM TO CANDIDATES FROM NUMEROUS SCHOOLS AND COLLEGES OF PHARMACY THROUGHOUT THE UNITED STATES; 28,384 ADMINISTRATIONS OF THE "MPJE" EXAM; AND 558 ADMINISTRATIONS OF THE "FPGEE" EXAM.Expenses $10,241,778 · revenue $21,742,472
- NABP ACCREDITATION PROGRAMS INCLUDE THE DURABLE MEDICAL EQUIPMENT, PROSTHETICS, ORTHOTICS, AND SUPPLIES ("DMEPOS"); THE DRUG DISTRIBUTOR ACCREDITATION PROGRAM ("DDA"); THE DIGITAL PHARMACY ACCREDITATION PROGRAM (DPA); SUPPLY CHAIN INSPECTION PROGRAM ("SCI"); VERIFIED PHARMACY PROGRAM ("VPP"); OTC MEDICAL DEVICE DISTRIBUTOR PROGRAM; DOTPHARMACY PROGRAM, COMMUNITY PHARMACY PROGRAM; AND SPECIALTY PHARMACY PROGRAM.Expenses $9,027,588 · revenue $11,911,812
- COMMUNICATIONS PROGRAMS INCLUDES PUBLICATIONS BOTH WRITTEN AND ELECTRONIC SUCH AS INNOVATIONS, THE NABP NEWSLETTER THAT FEATURE ARTICLES ABOUT THE PRACTICE OF PHARMACY AND REGULATORY ISSUES, UPDATES ON PROGRAMS ANDS SERVICES AND ASSOCIATION NEWS, ENEWS EMAIL IS NEWS DELIVERED TO A SUBSCRIBER'S INBOX INCLUDING THE LATEST NEWS ABOUT REGULATORY ISSUES, MEDICATION SAFETY, AND ONLINE PHARMACY SAFETY. MARKETING OUTREACH TO CONSUMERS REGARDING NABP PROGRAMS AND DRUG SAFETY ISSUES AND CUSTOMER ENGAGEMENT SERVICES WHICH ASSISTS THE ASSOCIATION USERS WITH ACCESSING INFORMATION.Expenses $1,721,898
- Expenses $9,737,985 · grants $6,925 · revenue $8,619,017
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-1520565
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $144,630,419
- Income (IRS master file)
- $135,558,097
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $50,561,636 | $48,516,908 | $144,630,419 | XML |
| 990 | December 2024 | $56,286,187 | $43,629,596 | $136,348,605 | IRS |
| 990 | December 2023 | $44,643,981 | $43,827,120 | $125,894,052 | XML |
| 990 | December 2022 | $46,171,815 | $43,177,367 | $114,860,797 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-1520565).
Questions about NATIONAL ASSOCIATION OF BOARDS OF PHARMACY
- What is the EIN of NATIONAL ASSOCIATION OF BOARDS OF PHARMACY?
- The employer identification number (EIN) of NATIONAL ASSOCIATION OF BOARDS OF PHARMACY is 36-1520565.
- Is NATIONAL ASSOCIATION OF BOARDS OF PHARMACY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to NATIONAL ASSOCIATION OF BOARDS OF PHARMACY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL ASSOCIATION OF BOARDS OF PHARMACY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL ASSOCIATION OF BOARDS OF PHARMACY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL ASSOCIATION OF BOARDS OF PHARMACY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NATIONAL ASSOCIATION OF BOARDS OF PHARMACY?
- The 990 for the year ended December 31, 2025 names LEMREY AL CARTER.
- Who are the officers and directors of NATIONAL ASSOCIATION OF BOARDS OF PHARMACY?
- The 990 for the year ended December 31, 2025 lists 20 people; 12 received compensation from the organization, the highest $691,810 (LEMREY AL CARTER, EXECUTIVE DIRECTOR/SECRETARY).
- How much revenue does NATIONAL ASSOCIATION OF BOARDS OF PHARMACY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $50,561,636, expenses of $48,516,908 and total assets of $144,630,419 at year end.
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